04/27/2012

London Stock Exchange lures more Nigerian firms

Webster-Smith, who spoke exclusively with BusinessDay, noted that the LSE currently hosts a lot of Africa-focused companies, including three Nigerian related companies such as Guaranty Trust Bank plc, Diamond Bank plc, and Afren.

04/27/2012

Rabobank eyes possible sale of fund management arm

A spokesman for the cooperatively-owned bank said on Friday it was reviewing "strategic options" for fund management arm Robeco, confirming a Dutch media report, but declining to comment on any of the details.

04/27/2012

Dexia private equity bids are in

First-round offers were due by Tuesday, one source said, although none were in a position to comment on a report that the auction for the asset management arm of Franco-Belgian bank Dexia SA could fetch as much as €750 million ($992 million).

04/26/2012

Jupiter launches strategic reserve fund

The multi-asset fund is an onshore version of its Jupiter strategic total return Sicav and has an emphasis on capital growth and low volatility.

04/25/2012

LCH.Clearnet buys U.S. rival

LCH announced Tuesday, April 24, that it will buy Nasdaq OMX Group Inc.'s majority stake in IDCG and in return give Nasdaq a stake in LCH. As of November 2010, that stake was roughly 80% of IDCG

04/25/2012

Barings to close North America fund

The vehicle has delivered a return of 13.4 per cent over the past five years compared with the Russell 1000 Growth index’s 52.9 per cent gain, according to Morningstar.